Dundrum Town Centre, Sandyford Road, Dundrum, Dublin 14
Dundrum Town Centre includes offices, retail, restaurants and leisure facilities. On opening day the retail element of the centre was fully let and has traded very successfully since then. The centre attracted many first time international retailers to Ireland with House of Fraser, Harvey Nichols. H&M, Berska, Massimo Dutti and many others. The centre has won over 28 national and international awards and is recognised as one of Europe’s leading developments in urban design. The first stage of the offices comprised approximately 6000 sq.m. and the second phase totals approximately 4,427 sq.m.
Savills was instructed at design stage to advise on design and specification and subsequently to let the buildings.
Crossridge Investments Ltd. is a wholly owned Irish private development group.
At the time of this letting Dundrum Town Centre was being developed as Dublin’s biggest shopping destination. As retail use produced higher rents and process there was a reluctance to dedicate ground floor space to offices or indeed first floor space. Savills came up with the solution of having a separate large entrance hall on the ground floor dedicated for office users. This gave the offices a strong corporate feel and did not compromise the retail on ground and first floor which were accessed separately. The glazing at first floor level was opaque disguising the retail use from street level. In this way we were able to provide high quality offices acceptable to large Corporates while not interfering with the retail requirement.
How We Added Vaule
The success of this was evidenced by RSA taking a pre letting of one entire block comprising 6,300 sq.m. and 100 parking spaces in order to relocate their offices from the city centre. At the time, this was the largest suburban letting for 10 years.
ING bank have recently followed their lead and let 700 sq.m. in the scheme.
This project demonstrated an ability to come up with successful solutions allowing two competing uses to successfully be accommodated in an innovative fashion.
Savills Dublin Commercial
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